Discrete choice models with multiplicative error terms
نویسندگان
چکیده
منابع مشابه
Discrete choice models with multiplicative error terms
We propose a multiplicative speci cation of a discrete choice model that renders choice probabilities independent of the scale of the utility. The scale can thus be random with unspeci ed distribution. The model mostly outperforms the classical additive formulation over a range of stated choice data sets. In some cases, the improvement in likelihood is greater than that obtained from adding obs...
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This paper is an updated version of the paper \Discrete choice models with multiplicative error terms" by Fosgerau and Bierlaire (2006). We propose a multiplicative speci cation of a discrete choice model that renders choice probabilities independent of the scale of the utility. The scale can thus be random with unspeci ed distribution. The model mostly outperforms the classical additive formul...
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ژورنال
عنوان ژورنال: Transportation Research Part B: Methodological
سال: 2009
ISSN: 0191-2615
DOI: 10.1016/j.trb.2008.10.004